The Business Outlook on Health Care: A Conversation with S&P Global Ratings

The business of health care is transforming rapidly, fueled by federal and state policy changes, hospital and insurer consolidations, and a growing interest among players outside of health care in disrupting the system. New cross-sector partnerships like the CVS/Aetna deal or the one proposed by Amazon, Berkshire Hathaway, and JP Morgan Chase could radically change the way health care is delivered and the patient experience–or they could create a lot of buzz without having much impact.

On March 20, 2018, NYHealth hosted a conversation with David Peknay, Director of Corporate Healthcare Ratings at S&P Global Ratings (formerly Standard & Poor’s), about the business outlook on health care. Mr. Peknay spoke about how recent trends such as increases in health insurance coverage and high-deductible plans, a growing need for outpatient services, and a new focus on consumerism are affecting the business of health care, and how health care providers and insurers are responding to those trends.